Who gets closed first? Tampa or Colorado Springs?
First the book sellers, then the landlords......who do we not pay next?
Hmmmm......Hmmm........ Payroll?
CHECK IS IN THE MAIL!
Dear landlord, please disregard the utilities check I mail you by mistake. Please send back, I'm sending you a new check for rent. Please except this as an apology simple error. Dear utilities company please disregard the check made out to the... — read more
We have sufficient financial resources to pay any ONE vendor. Just don't press your luck about increasing the count.
Why didn't the rent get paid sooner, before the landlord filed suit?
Rent has been paid people
A Corinthian spokesman, Kent Jenkins, said the company has since paid the rent in full and had "sufficient financial resources to make this payment at all times."
OMG
OMG its time to face reality. I hit the job boards last night and it's really scary what's out there. I saw a job posting asking for a bachelors degree yet the pay rate was $11/hr. WTH???!!! Since when?? I say I'm done with this industry and even it... — read more
If they don't share any news with us, then the news are not good. And if they hide bad news from us, then we don't trust them!
Why continue to work for those who you don't trust???
Will the landlord remove that CCi garbage from the building Nuremburg style?
http://youtu.be/5VeuE5BZOY4?t=9s
Can someone name the Socle clients that have left Socle?
I can't and was wondering if anyone can. Oh before anyone can say it Socle is golden, blah blah, etc....
I took one for the team...
This is Jack, I sold my place. I'm moving into the 4th floor. What can y'all do?? PS. Disclaimer...I'm still taking my bonus!!!
Rent paid, according to Jenkins
"A Corinthian spokesman, Kent Jenkins, said the company has since paid the rent in full and had "sufficient financial resources to make this payment at all times." He did not respond to questions about why the lawsuit was filed, saying the company... — read more
Everest Institute has been axed from Title IV Funds
Here's a letter that's been leaked: https://www.republicreport.org/wp-content/uploads/2014/08/EdCoColtr822.pdf
Breaking News
Breaking news to all the 4th floor dip stick. **Corinthian Colleges sued for not paying rent at corporate headquarters**** Guess this means the ivory towers will be locked soon? LOL... — read more
This is Jack Massimino again. Do you know that I have to sell my wife's fur coats to make payroll?
I will handle it, as long as I don't sell my things. We will all be fine, soon.
I wonder how well Jack sleeps at night, ignoring his employees and sleeping on silk sheets. Wonder if he treats his nannies and housekeepers
Like he treats us. They probably get raises.
This is Jack Massimino. Don't worry, I will handle this whole situation.
Let's look towards our wonderful future. These doors will soon close but others will open for all of us. In the mean time, I will see to it that we make payroll.
Closing school
Not many care about the education, just getting their vacation in. Unfortunate because I was proud of our campus.
Ed is calling the students and verifying. Read what the students say to Ed.
https://www.republicreport.org/wp-content/uploads/2014/08/EdCoCoach822.pdf
Here is a copy of the letter from Department of Ed to CCi last week.
https://www.republicreport.org/wp-content/uploads/2014/08/EdCoColtr822.pdf
I can't quit!
I am hopeful. I did drink the koolaid and what?!
Dumb
Think about all the money wasted last year for flights and hotel for all those call center hacks to go out to Thornton and train lol. CCI is the dumbest company ever.
It's amazing how much is happening each and every day.
And not in a good way.
The sheer refusal to accept reality is mind blowing
All of these people who, after everything has been presented, STILL hope for a miracle. And people wonder why CCI is where it is. It's over, no white knight, nothing. Get over it, there is NO MONEY and there are more investigations then when this... — read more
June 7, 2014: "Desperate is as desperate does - Why give up a day of revenue? Gotta pay the rent."
These problems were obvious about three months ago: http://www.thelayoff.com/corinthian-colleges/post/5413399093575680
How many days between not paying the rent and bankruptcy?
I know it is only alleged by the landlord that CCi didn't pay the rent on HQ, but how many days are left before bankruptcy now?
For those of you who think a sale if a big business will happen quickly, hold your breath and find out.
Minimum six months, up to 18-24. But it won't happen. Criminal investigations. Vendors bailing. Student population plummeting. No credit. No money. Fire sales. It's not going to happen for us. I think we are going to lose the good fight long before a... — read more
Will there be a buyer before CCi gets evicted from its corporate headquarters?
It's 200,200 square feet.
Remember CCi needs about $1.3M for an interest payment due Monday, September 1.
$380k is about 25% of that... How long will the landlord wait next month?
School down sizing and publisher leaving us along with Janitors
While we see CCI making more bad decision, many of our partners are eating the cost; no Janitorial services, no security guards and no bookstores. Today news are out of some schools closing down their bookstores and some of us here having to pick up... — read more
Corporate Eviction
http://www.buzzfeed.com/mollyhensleyclancy/lawsuit-alleges-for-profit-college-operator-hasnt-paid-its-r#27rgv6w
Auction the Students!
I think we should auction each student to other schools!!!! They get increased enrollments, students are saved. Each one can have a card showing their debt, number of credits, GPA, we should start with VETS since we are no longer eligible for the GI... — read more
Wyotech Rummage Sale
Looks like the end is near when they start pillaging Wyotech equipment to make payroll. Problem is, the equipment is in such bad condition since CCi wouldn't repair or replace it for years it isn't worth much. What do you tell your students as they... — read more
Financial Aid
Has anyone heard any rumors about Financial Aid being cut from Wyotech, Heald, or Everest?
Chicago....
Silent teach-out??? Looks like we're in the teach out bucket afterall!